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Indian Markets Slip as IT Shares Weigh and US Tariff Fears
India

Indian stock benchmarks slip as IT shares weigh and US tariff concerns resurface

Indian equity markets ended lower after hitting record intraday highs, dragged down by IT stocks and renewed worries over potential US tariff hikes, even as upbeat corporate updates helped limit the overall decline.

Trump signals rapid tariff hikes on India over Russian oil
News

Trump signals rapid tariff hikes on India over Russian oil : "Modi knew I was not happy”

President Donald Trump said India reduced Russian oil purchases to appease Washington after steep US tariffs took effect, praising prime minister Narendra Modi while warning New Delhi that trade penalties could rise sharply if American concerns are ignored.

AAHOA welcomes Trump’s furniture tariff delay until 2027
News

Asian American Hotel Owners Association welcomes Trump’s one-year delay of furniture tariff increase

President Donald Trump has postponed planned tariff increases on imported furniture and cabinetry for one year, a move welcomed by hotel owners who say the delay eases renovation costs while trade negotiations continue over reciprocity and national security concerns.

India, US in ‘constant engagement’ on trade as 2025 becomes ‘pioneering year’ for space ties

India, US in ‘constant engagement’ on trade as 2025 becomes ‘pioneering year’ for space ties

India’s ambassador to the United States says New Delhi and Washington remain in constant talks to reach a balanced trade arrangement, as 2025 emerges as a landmark year for cooperation spanning space, technology, artificial intelligence, and strategic commerce.

Modi, Trump Discuss Strengthening Trade Amid Tariff Tensions
News

Modi, Trump discuss strengthening trade amid rising tariff tensions

Indian prime minister Narendra Modi, and president Donald Trump held a telephonic conversation focusing on enhancing India-US trade, deepening bilateral cooperation, and addressing global challenges, as high-stakes trade talks continue in India.

Trump: Tariff Revenue Could Allow Major US Income-Tax Cuts
News

Trump says tariff revenue could allow major cuts to US income taxes

During a Thanksgiving video call with US service members, President Donald Trump said soaring tariff revenue could make it possible to substantially reduce or even eliminate federal income taxes within the next few years, positioning tariffs as a major funding source.

Trump: India Will Stop Buying Russian Oil | Tariff Tensions
News

Trump reiterates: “India will not be buying oil from Russia” as tariff tensions deepen

President Donald Trump reiterated that India has “more or less stopped” buying oil from Russia, even as Washington accuses New Delhi of aiding Moscow’s war financing. The remarks come amid heightened trade tensions and tariff hikes.

Ro Khanna India trade relations
News

Ro Khanna urges Trump to end 50% tariffs on India

Nineteen US lawmakers, including Indian-American representatives Ro Khanna and Pramila Jayapal, have urged president Donald Trump to reverse steep 50 per cent on Indian goods, warning that the policy risks driving India closer to China and Russia.

FY26 economy
US

World Bank forecasts India’s growth at 6.5% for FY26, but downgrades for FY27 due to US tariffs

India's economy is set for strong domestic led-growth in FY26, but higher US tariffs on exports are expected to slow momentum in FY27. The World Bank emphasizes resilience at home while warning of external trade risks.